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Gold and silver futures posted the biggest weekly drops since June on speculation that the Federal Reserve will cut fiscal stimulus next week, while talks started on a plan for Syria to surrender its chemical weapons.

On February 25th, gold prices started a new week of trading by posting moderate gains. The precious metal continues to hover just shy of $1,600 per ounce, as investors remain cautious ahead of the Fed Chairman Ben Bernanke's testimony to Congress later this week.

Worries of global liquidities getting dried out if the US Fed rolls back its bond buying programme and the inaction by the Bank of Japan last week to stabilize its bond market caused sell off in global equities during the beginning of the week.

The Indian rupee appreciated for the second straight day on likely overseas funds inflow into local stocks, while bond yields dropped to fresh six-week low tracking a sharp fall in US Treasury yields, dealers said

The gold price held level in overseas markets on February 18th following the biggest weekly drop for the precious metal last week.

Most components of the Dow Jones Industrial Average are doing well-some exceptionally well. Alcoa Inc. (NYSE/AA) is one of the laggards, and really, all the position has done on the stock market is return to its historical norm. The company reports in a couple of weeks, and it is currently richly valued on a price-to-earnings (P/E) ratio.

The Indian rupee appreciated for the second straight day on likely overseas funds inflow into local stocks, while bond yields dropped to fresh six-week low tracking a sharp fall in US Treasury yields, dealers said

The average 30 year fixed mortgage rate has fallen just over 40 basis points previously couple of weeks. The government is focused on helping banks refinance existing customers who've homes which are actually worth much less than they owe. Government intervention will permit banks to lower their rat

Computing gold price has usually been a challenging activity for myself. The massive investigation that gold traders take on to estimate the exact worth of a piece of gold baffles me. Even so, I've generally planned to grasp the art myself and after weeks of ceaseless research on gold forums, I have

The Wall Street "Masters of the Universe" are soon to be old history folks. The chickens are indeed coming home to roost, the Global Banking Cartel's crimes are being exposed left & right... Prepare for my upcoming book "Economic Warfare" due in December of this year which will trigger it all. To start with, the Federal Housing Finance Agency (FHFA), filed last week a $196 Billion Lawsuit against 17 financial institutions, certain of their officers and various unaffiliated lead underwriters. The suits allege violations of federal securities laws and common law in the sale of residential private-label mortgage-backed securities (PLS) to the Enterprises.

Libor scandal has dominated the news since the first week of July. LIBOR stands for London Interbank Offered Rate has great influence in loan industries amd markets which greatly affects people in the world.

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Today's Share tips & update : Sensex plunged more than 400 pts in morning trade to touch its fresh 52-week low of 24,101.50, led by losses in ICICI BankBSE -2.88 %, HDFC Bank, RIL, HDFC, L&T and M&M.

Crude oil trading range for the day is 2072-2308.Crude oil prices recovered from lows after data showed that oil supplies in the U.S. rose less than feared last week.

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Crude oil futures tanked around 4 per-cent in the native market on Friday last week as investors and speculators resorted to heavy selling after the OPEC, the cartel that accounts for around 40 per-cent of world wide crude supplies, refused to curb production to alleviate a supply glut.